Withdrawing your crypto earnings into fiat money is a common step for traders and investors. Binance, the world’s biggest crypto exchange, offers several ways to make this happen smoothly and securely.
In this guide, you’ll learn how to complete a Binance bank withdrawal, whether you're in the US, Europe, Asia, or anywhere else.
✅ Step 1: Complete Identity Verification (KYC)
To withdraw fiat currency (like USD, EUR, PKR), you must complete KYC (Know Your Customer) on Binance.
How to do it:
Log in to your Binance account.
Go to [Profile] > [Identification].
Submit a government ID and complete a selfie/face scan.
Wait for approval (usually within a few hours).
> 🔐 Important: Without KYC, you cannot make any Binance fiat withdrawals.
🏦 Step 2: Link Your Bank Account
Once verified, link your bank account to Binance for direct transfers.
Steps:
Go to [Wallet] > [Fiat and Spot] > [Withdraw].
Select your currency (e.g., USD, EUR, PKR).
Choose Bank Transfer as the method.
Enter your bank details (IBAN, SWIFT, etc.).
Confirm and save.
> ⚠️ Make sure the account holder name matches your Binance name.
🔄 Step 3: Convert Crypto to Fiat
You can’t send Bitcoin or other cryptocurrencies directly to your bank. You need to convert crypto to fiat first.
How:
Use [Trade > Convert] or [Sell] your crypto (like BTC or ETH) for fiat (USD, EUR, etc.).
Or use Binance P2P to sell your crypto to other users for your local currency.
Once you have a fiat balance, you can withdraw it.
💵 Step 4: Request a Withdrawal
Now that you have fiat funds:
Go to [Wallet] > [Fiat and Spot] > [Withdraw].
Choose your currency and bank account.
Enter the amount to withdraw.
Review the fees and net amount
Click Submit.
🔐 Step 5: Confirm with 2FA
Binance protects withdrawals with 2-step verification.
You’ll need to enter:
A code from your email 📧
A code from your 2FA app or SMS 📱
This keeps your funds safe.
⏳ Step 6: Wait for the Funds
Processing time depends on your location:
Local transfers: 1–3 business days (e.g., SEPA in Europe, Faster Payments in UK).
International wires: 3–5 business days (e.g., SWIFT USD to Pakistan).
You’ll get a confirmation email once Binance sends the money. Then check your bank account.
🌍 Local vs. International Transfers
Type Speed Example
Local transfer 1–2 business days EUR via SEPA, GBP via FPS
International wire 3–5 business days USD via SWIFT, PKR transfers
Fees and speeds vary. Always review Binance’s withdrawal info for your country.
⚠️ Common Issues & Fixes
Problem Solution
Bank not linked Add and verify bank under Withdraw > Fiat
Delay in funds Wait 5 days, then contact Binance Support
Wrong account details Cancel and resubmit with correct info
Withdrawal limit reached Upgrade KYC to higher level
💡 Pro Tips for Smooth Withdrawals
Always enable 2FA (Google Authenticator preferred).
Withdraw on weekdays for faster processing.
Use Binance P2P in countries with limited banking access.
Double-check your bank details and fiat balance before submitting.
Don’t share passwords or codes — even with support agents.
🧾 Final Words
Withdrawing crypto from Binance to your bank is simple when you follow the right steps:
1. Verify your identity
2. Link your bank account
3. Convert crypto to fiat
4. Submit a withdrawal request
5. Confirm with 2FA
6. Wait and check your bank
If anything goes wrong, Binance offers 24/7 support and a detailed Help Center to assist.
> 🎯 Whether you're in Europe, Asia, Africa, or the Americas — Binance has a way to help you turn your crypto into real-world money
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